Hi There, I'm wondering how to enter a rebate cheque from a chemical inputs company. There is a 'reward summary' statement with a rebate amount, would it be considered income or would a return have to be done going back to the retail's invoices? What kind of account would it go under? Thank you!
ADMIN RESPONSE
Feb 10, 2025
Hello Monika, you could enter this as income to a rebates account.
